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Zombie fabs plague China's chipmaking ambitions, failures burning tens of billions of dollars (www.tomshardware.com)

submitted 5 days ago by Alphane_Moon@lemmy.world to c/hardware@lemmy.world

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[–] higgsboson@dubvee.org 6 points 5 days ago

while China continues to lead in terms of new fabs coming online, the country also leads in terms of fab shells that never got equipped or put to work, thus becoming zombie fabs. Over the past several years, around a dozen high-profile fab projects, which cost investors between $50 billion and $100 billion, went bust.